Equities market bounces back
HARARE – The Zimbabwe Stock Exchange’s All Share index rebounded 0.19 points to settle at 88.03 as giant insurer Old Mutual gained a further $0, 0560 to close at $5,…
Prospect Resources begins commissioning of battery grade lithium carbonate pilot plant
BH24 Reporter HARARE – Australian Stock Exchange-listed mining firm Prospect Resources says commissioning has commenced at its battery grade lithium carbonate pilot plant in Kwekwe.
Costly dollar hedges tarnish U.S. bonds for overseas investors
LONDON – Yields on U.S. government debt are at their highest in over four years, and yet they are failing to attract many European investors due to the uncertain outlook…
Virginia tobacco 2018 exports top $87m
BH24 Reporter HARARE – Zimbabwe has exported flue-cured tobacco to the value of $87 million during the first couple of months of this year, down from $157 million in the…
Sinomine’s shrewd moves impress Prospect
Tawanda Musarurwa HARARE – Chinese mining group Sinomine’s recent clever acquisitions in its bid to become the world’s leading battery minerals company appears to have hit home with Prospect Resources,…
New CMED board pressed to recover lost $2, 7m
HARARE – The Zimbabwe Government on Tuesday gave the Central Mechanical and Engineering Department (CMED) board 45 days to report on progress made on recovering $2.7 million lost in a…
Gold deliveries to rise by 30 tonnes
Africa Moyo HARARE – Chamber of Mines of Zimbabwe president Batirai Manhando says gold deliveries are expected to hit 30 tonnes this year spurred by a number of factors including…
NSSA contemplates debt write-off
HARARE – The National Social Security Authority (NSSA) is struggling to recover debts for unpaid rentals for some of its properties and is contemplating writing them off, particularly smaller amounts,…
Rand little changed by Cabinet reshuffle
Asian foreign exchange traders appeared torn between applauding and jeering the Cabinet appointments President Cyril Ramaphosa announced at 10pm on Monday.
All Share Index in the red
HARARE – The local bourse’s All Share index was marginally lower at 87.84 following a 0.01 points decrease as beverages giant Delta came off $0, 0137 to close at $1,…











